Kottayam is a prosperous city in the Indian state of Kerala. The city functions as the administrative capital and headquarter of the Kottayam district. Kottayam was previously known as ?Cottayam? and ?Cotym? during the British rule. Kottayam is situated on the banks of the Meenachil River. Kottayam is known to be is one of the main centers of literature; it is hence known as the Akshara Nagari or the Land of Letters. Many Malayalam daily newspapers such as Deepika, Malayala Manorama and Mangalam had started in Kottayam and are headquartered in the city. Kottayam houses the headquarters of The Malankara Orthodox Syrian Church. Various missionaries and the Christian churches established many educational institutions in and around the city during the British period. This city is often referred to as Chuvarchithra Nagari or the City of Murals. Domestic tourism has incredibly increased in Kottayam for its beautiful lakes and scenic hilly locations. Kottayam is a major producer or later and a trading center of natural rubber in India. It is the greatest contributor to the citys economy. The cultivation and trade of spices also boost the economy of Kottayam considerably. Kottayam experiences a moderate and pleasant climate with seasonal high levels of humidity.
In India, the SBI bank has 18,354 branches. The revenue of SBI was ?2.005 trillion (US$29 billion) in the financial year 2012?13, out of which domestic operations contributed to 95.35% of the income. As a financial inclusion initiative, the bank had launched11,300 camps and opened over 3 million accounts by September under the Pradhan Mantri Jan Dhan Yojana introduced by the Government in August 2014, which comprised 2.1 million accounts in rural areas and 1.57 million accounts in urban areas. The bank had the presence of 191 overseas offices as of 2014?15 in 36 countries marking the substantial existence in foreign markets among Indian banks. There are various foreign subsidiaries or affiliates operated by the SBI. A subsidiary was opened by the SBI bank in 1982, which now has ten branches?9 branches in the state of California and 1 in Washington, D.C. On 28 March 2011, the 10th office was opened in Fremont, California. In 1989, an offshore bank established by the SBI, SBI International (Mauritius) Ltd which later merged with the Indian Ocean International Bank. The Indian Ocean International Bank has been doing retail banking business in Mauritius since 1979.